Metropica developer gets $22 million financing

The developer of Metropica said it secured a $22 million loan to build part of the mixed-use project in Sunrise.

A subsidiary of NuVerse Advisors in Aventura provided the financing for Metropica Holdings LLC.

The 65-acre Metropica is being built west of the Sawgrass Mills mall, at the northeast corner of Sunrise Boulevard and Northwest 136th Avenue. It will have condominiums, apartments, offices and a hotel.